5UXCW2C09L9C55816

2020 BMW X7 xDrive4 Salvage Auction – Luxury SUV Opportunity

This 2020 BMW X7 xDrive4 is a salvage vehicle being offered at auction. This luxury SUV presents a unique opportunity for buyers looking for a high-end vehicle at a potentially reduced price. While listed with a salvage title due to minor dent/scratches, this X7 is reported to be in run and drive condition and has only 10,829 miles on the odometer. Read on for a detailed overview of this vehicle’s specifications, potential pros and cons, and auction details.

Vehicle Overview

This BMW X7 is a full-size luxury SUV known for its spacious interior, powerful engine options, and advanced technology. This particular model, the xDrive4, features all-wheel drive for enhanced handling and performance. While this vehicle has sustained some damage, it represents a chance to own a premium SUV at a fraction of its original cost.

Auction Details

* Auction Location: Copart, NJ – Somerville
* Lot Number: 66249201
* Sale Date: April 26, 2024, at 14:00 UTC
* Seller: State Farm Insurance
* Title: NJ – CERT OF TITLE-SALVAGE

Detailed Specifications

Here’s a breakdown of the key specifications for this 2020 BMW X7 xDrive4:

• Year: 2020
• Make: BMW
• Model: X7 xDrive4
• VIN: 5UXCW2C09L9C55816
• Odometer: 10,829 miles (Actual)
• Exterior Color: White
• Title: Salvage Title
• Damage: Minor Dent/Scratches
• Condition: Run and Drive
• Keys Available: Yes
• Pre-Accident Price: $85,135
• Clean Wholesale Price: $79,600

Pros and Cons of Buying a Salvage BMW X7

Before bidding on this salvage BMW X7, it’s important to weigh the potential benefits and drawbacks.

Pros:

• Significant Cost Savings: Salvage vehicles typically sell for much less than their retail value.
• Opportunity for Repair and Resale: With the right repairs, this X7 could be resold for a profit.
• Source of Parts: If repair isn’t feasible, the vehicle can be a valuable source of parts.
• Relatively Low Mileage: With only 10,829 miles, the engine and other components likely have plenty of life left.
• Run and Drive Condition: The fact that it runs and drives suggests the damage may be primarily cosmetic.

Cons:

• Salvage Title Restrictions: A salvage title can make it difficult to obtain insurance or financing.
• Potential for Hidden Damage: There may be underlying damage that isn’t immediately apparent.
• Repair Costs: Repairing the damage and obtaining a rebuilt title can be expensive.
• Depreciation: A salvage title significantly reduces the vehicle’s resale value.
• Known BMW X7 Issues: Some common issues with this model year include potential problems with the air suspension, electrical glitches, and oil leaks. Thorough inspection is recommended.

Summary

This 2020 BMW X7 xDrive4 salvage vehicle offers a compelling opportunity for the right buyer. With minor dent/scratches and a run and drive condition, it could be a cost-effective way to own a luxury SUV. However, it’s crucial to carefully assess the damage, consider potential repair costs, and understand the implications of a salvage title before placing a bid. Remember to thoroughly inspect the vehicle or hire a qualified mechanic to do so before the auction to make an informed decision. Good luck!